BNPL MCQ | Quiz Questions and Answers on Speed Post, Business Parcel BNPL (Book Now Pay Later) | LGO Exam MCQ Set [67]

MCQs On BNPL, Multiple choice questions and answers (MCQs) on Speed Post/Business Parcel Book Now Pay Later (BNPL). SOP, Short Notes, PPT, PDF, Quiz,Online Test, Mock Test, Previous Questions and Answers, Solved Papers.Useful for Postal Exams/LDCE IPO Exam/PS Group B Exam/LGO Exams/GDS to Postman/MTS/Mail Gaurd/PA/SA Exams in postal department.

1. Bulk customer is defined as anyone who provides Rs.______ worth of speed post business in a calendar month at a Speed Post booking office

A ₹ 5000

B ₹ 10000

C ₹ 15000

D ₹ 20000

B

 

 

2. The BNPL contract will be applicable for a period of _______ years and approving authority shall renew the contract.

A 0ne

B Two

C Three

D Four

B

 

 

3. The BNPL bill will be prepared on a monthly basis (calendar month) by the______

A Office of Supdt of Post Office

B Office of Postmaster

C Office of Posting

D Office of Delivery

C

 

 

4. The BNPL bill will be raised by _____ day of the following month (bill date)

A 15th

B 10th

C 7th

D 5th

C

 

 

5. The bulk customer shall pay the bill amount in full on or before ____ days from the date of issue of bill (due date)

A Thirty

B Ten

C Fifteen

D Seven

A

 

 

6. In case the customer fails to make the payment by the due date, penalty at the rate of ______ % per annum on the amount of the bill amount shall be imposed by the Department upon defaulting customer.

A Two

B Five

C Twelve

D Seven

C

 

7. The penalty will be imposed from the____

A End of the month in which billing is made

B Bill Date

C Due Date

D None of these

B

 

 

8. In case, the bulk customer chooses not to avail the credit facility and to make full payment at the time of booking of Speed Post articles, he/she will be eligible for discount if the speed post business provided by him in a calendar month is ______

A ₹ 100000

B ₹ 25000 and above

C ₹ 10000

D ₹ 50000 and above

D

 

 

9. What is the Discount rate for the Speed post customer who generates monthly revenue of Rs 30 Lakhs per month?

A 25%

B 30%

C 20%

D 10%

C

 

10. What is the Discount rate for the Business Parcel customer who generates monthly revenue of Rs 50 Lakhs per month?

A 7%

B 13%

C 10%

D 16%

B